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HomeMy WebLinkAboutCouncil Presentation 11/01/2022 - Draft Impact Fees Public HearingImpact Fee Program Update: Streets and Parks Fausto Burruel, PE Public Works Director November 1, 2022 Background on Impact Fees •Authorized under ARS §9-463.05 •Can only be used (and credits given) for new improvements, not maintenance •Can NOT be used to improve existing deficiencies –only build equivalent level of service •Must be for a proportionate share •Must use current land use assumptions and infrastructure needs for a 10-year cycle •Land use assumptions and infrastructure improvement plans shall be updated at least every five years 2 3 Streets Impact Fee Calculations Impact Fee Calculations 1.Determine existing level of service and users of infrastructure 2.Calculate EDU relationships 3.Forecast growth in the next 10 years 4.Determine infrastructure needed to serve the future growth 5.Determine portion of infrastructure attributable to the growth = raw cost per EDU 6.Assign credits for concurrent revenues (if applicable)4 Land Use Assumptions -2022 5 •2017 Final Report •6,973 new residential units •17,103 new population •341 acres of commercial/industrial/office •4,750 new jobs •2022 Final Report •13,942 new residential units (+99.9%) •33,309 new population (+94.8%) •439 acres of commercial/industrial/office (+28.7%) •8,584 new jobs (+80.7%) 10-year population and employment forecast 6 Streets Fee Service Areas Boundaries set by: 1.Geographic features (I-10, CAP, Santa Cruz River) 2.Travel patterns Projected Transportation Projects -Northwest 7 Road Project Project Type Total Improvement Costs Cost of Vehicular Improv (80%) Cost of bike/ped improv (20%) Cost Attributable to Develoment Service Area Total Marana Main Street Sandario Rd Grier Rd New 3,255,000$ 3,255,000$ Marana Main Street Tangerine Farms Rd Sandario Rd Legacy 873,000$ Tangerine Farms Road I-10 (Tangerine TI)Clark Farms Legacy Clark Farms Riccati Dr Despain Dr Legacy Tangerine Farms Road Clark Farms I-10 (Marana TI)New 15,977,000$ 7,484,400$ Marana Road Interchange, Phase 1 N/A N/A Interchange Reconstruct 6,753,000$ 6,753,000$ Clark Farms Despain Dr Lon Adams Rd New 4,520,000$ 3,616,000$ 904,000$ 3,365,622$ Clark Farms Lon Adams Rd Tangerine Farms Rd New 25,313,000$ 11,774,700$ Adonis Road Grier Rd Tangerine Rd New 20,601,000$ 16,480,800$ 4,120,200$ 14,465,963$ Tangerine Road Interchange N/A N/A Interchange Reconstruct 4,500,000$ 4,500,000$ 55,490,082$ Limits Northwest3,018,397$ Projected Transportation Projects -Northeast 8 Road Project Project Type Total Improvement Costs Cost of Vehicular Improv (80%) Cost of bike/ped improv (20%) Cost Attributable to Develoment Service Area Total Tangerine Road, Phase 1 Dove Mountain Blvd Town Limits Completed Capacity 6,189,000$ 4,951,200$ 1,237,800$ 1,896,029$ Tangerine Road, Phase 2 I-10 (Tangerine TI) Dove Mountain Blvd Improvement 42,537,000$ 34,029,600$ 8,507,400$ 13,936,211$ Twin Peaks Road Lambert Ln Tangerine Rd Completed Capacity 3,642,259$ Moore Road Camino De Oeste Thornydale Rd Completed Capacity 291,788$ Cayton Road Dove Mountain Blvd Thornydale Rd New 6,630,000$ 6,630,000$ Tangerine Road Interchange N/A N/A Interchange Reconstruct 1,500,000$ 1,500,000$ 27,896,288$ Limits Northeast Projected Transportation Projects -South 9 Road Project Project Type Total Improvement Costs Cost of Vehicular Improv (80%) Cost of bike/ped improv (20%) Cost Attributable to Develoment Service Area Total Twin Peaks Interchange N/A N/A Legacy Twin Peaks Road I-10 Lambert Ln Legacy Twin Peaks Road/Rattlesnake Pass Saguaro Highlands Dr Silverbell Rd Expansion 18,001,838$ 14,401,470$ 3,600,368$ 7,506,111$ Cortaro Road I-10 Camino de Oeste Completed Capacity 8,134,735$ 6,507,788$ 1,626,947$ 2,319,081$ Silverbell Road Ina Rd Cortaro Rd Completed Capacity 21,068,682$ 16,854,946$ 4,213,736$ 8,023,017$ Ina Road I-10 Silverbell Rd Completed Capacity 9,000,000$ 7,200,000$ 1,800,000$ 3,006,062$ Silverbell Road Ina Rd Sunset Rd Expansion 8,013,159$ 6,410,527$ 1,602,632$ 2,625,316$ 27,237,473$ Limits South3,757,886$ Summary of Infrastructure Costs 10 Service Area Projects Population Growth Development’s Proportionate Share ($M) Northwest 10 15,190 $55.5 Northeast 6 11,718 $27.9 South 7 6,506 $27.2 TOTAL 23 33,414 $110.6 Final Fee Process 1.The Infrastructure Improvement Plan (IIP) determines what infrastructure is required due to projected growth, but infrastructure provided likely yields more capacity than what is needed. 2.The Fee study determines the proportional cost per EDU. This sets the Raw Impact Fee. 3.The Fee study must also take into account other revenues that the Town receives and credit them against the Raw Impact Fee. This creates the Base Impact Fee which is what is published as the “Impact Fee”. 4.Should a developer build infrastructure that is part of the original IIP, the cost of that infrastructure is also credited against the Base Impact Fee. 11 Construction Sales Tax Credit –NE Area Streets Example 1.The Town charges a 4% construction sales tax and normally a 2% retail sales tax. State law requires the Town to credit the difference against impact fees. 2.The State formula for construction sales tax assumes 65% of a construction charge is for materials and 35% is for labor. The Tax only applies to materials. 3.The Town uses the same International Code Council cost per square foot table used in building permit fee valuation to also determine impact fee valuation. State Formula (65% x 10.1%)/(1+(65% x 10.1%)) x (4%/10.1%) x ((4%-2%)/4%) = 1.2199% NE Area Retail Example, ICC cost per sf = $137.88, raw impact fee = $7,393 per 1,000sf $137.88/sf x 1000sf x 1.2199% = $1,683 ($1,583 –Streets, $100 –Parks) reduction from raw fee $7,393 -$1,583 = $5,810 per 1,000sf base fee 12 Summary of Streets Facilities Fees 13 14 Parks Impact Fee Calculations Approved Infrastructure Improvement Plan Parks 15 Summary of Base Park Impact Fees 16 Proposed Base Impact Fees 17 Single Family Residential 2017 Study/Current 2022 Proposed Northwest Streets $3,719 $2,206 Northeast Streets $4,291 $4,739 South Streets $4,327 $4,759 Parks $2,461 $2,530 Questions/Discussion 18 Summary of Timeline 19 5/13/2022 Publication of Draft LUA and IIP’s 6/23/2022 Stakeholder Outreach Meeting 8/3/2022 Public Hearing for LUA and IIP’s 9/20/2022 Council Action on LUA and IIP’s 9/23/2022 Notice of Intent to Implement Impact Fees 11/1/2022 Public Hearing for Impact Fees 12/6/2022 Council Action for Impact Fees 2/20/2023 Impact Fees Effective (min 75 days from council action)